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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Erwin who wrote (10983)2/8/1998 12:04:00 AM
From: Thean  Read Replies (1) | Respond to of 95453
 
Erwin, don't know much about GIFI personally but it happens to belong to the hottest group within the oil service sector right now. Its chart, together with most fabs, are very similar in that they have confirmation of a trend turnaround. We can't say that for off-shore drillers in general, and definitely not for land drillers, yet. If the whole sector or its proxy OSX can maintain its upward course next week, GIFI can't go wrong. If for some reason they get trashed next week, expect GIFI and other fabs to go along for the ride.